JPY 954.8945.280.05%

PineBridge Japan probability of target price tool provides mechanism to make assumptions about upside and downside potential of PineBridge Japan New Horizon Equity A3 performance during a given time horizon utilizing its historical volatility. Please specify PineBridge Japan time horizon, a valid symbol (red box) and a target price (blue box) you would like PineBridge Japan odds to be computed. Please also check Risk vs Return Analysis.

PineBridge Japan Target Price Odds to finish over

Current Price

Horizon

Target Price

Odds to move above current price in 30 days

954.89

30 days

954.89

ABOUT 10.42%

Based on normal probability distribution, the odds of PineBridge Japan to move above current price in 30 days from now is about 10.42% (This PineBridge Japan New Horizon Equity A3 probability density function shows the probability of PineBridge Japan Fund to fall within a particular range of prices over 30 days) .

Assuming 30 trading days horizon, PineBridge Japan New Horizon Equity A3 has beta of -0.0314 . This indicates as returns on benchmark increase, returns on holding PineBridge Japan are expected to decrease at a much smaller rate. During bear market, however, PineBridge Japan New Horizon Equity A3 is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. PineBridge Japan New is significantly underperforming DOW.